"Carbon (Dioxide) trading is now the fastest growing commodities market on earth.....And here’s the great thing about it. Unlike traditional commodities markets, which will eventually involve delivery to someone in physical form, the carbon (dioxide) market is based on lack of delivery of an invisible substance to no-one. Since the market revolves around creating carbon (dioxide) credits, or finding carbon (dioxide) reduction projects whose benefits can then be sold to those with a surplus of emissions, it is entirely intangible." (Telegraph)
This blog has been tracking the 'Global Warming Scam' for over five years now. There are a very large number of articles being published in blogs and more in the MSM who are waking up to the fact the public refuse to be conned any more and are objecting to the 'green madness' of governments and the artificially high price of energy. This blog will now be concentrating on the major stories as we move to the pragmatic view of 'not if, but when' and how the situation is managed back to reality. To quote Professor Lindzen, "a lot of people are going to look pretty silly"
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Thursday, 17 November 2011
ENERGY BILLS TO ROCKET BY 60%
"Experts blame the upward trend on the green agenda which will force suppliers to invest in new technologies that consumers will have to pay for. The experts warn that average electricity bills could rise £300 a year to £800 in the next 10 years and gas prices could increase from £845 annually to more than £1,300 – a leap of £455. The predicted price rise “could be catastrophic for many households”, said Thomas Lyon of price comparison website uSwitch.com. He said consumers had already been “knocked for six” by this year’s hikes."